786 Sharmon Palms Lane, Campbell, CA 95008
- $1,895,000
- List Price
- $1,895,000
- Price Change
- ▼ $25,000 1788466649
- Status
- ACTIVE
- MLS#
- PW26025590
- Year Built
- 1962
- Lot Size
- 8,064
- Acres
- 0.19
- Lot Location
- 21-25 Units/Acre
- Days on Market
- 221
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past ten years. Gross TY2025 rental income was $116,420 including $1,520 in laundry cash. The 2025 operating expenses, without accounting for depreciation, were $47,695. At the list price, this yields a GRM of 17 with an estimated Cap Rate of 3.6%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.
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Additional Information
- Taxes
- $22,755
- Appliances
- Dishwasher, Disposal, Refrigerator, Range Hood, Vented Exhaust Fan
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Composition
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $114,900
- Operating Expense
- 47695
Listing courtesy of Listing Agent: Ramaswamy Ramkumar (sabarirealty@gmail.com) from Listing Office: Sabari Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.